Bitcoin, Tesla And GameStop: 10 Numbers That Sum Up The Fastest Market Recovery Ever

Bitcoin, Tesla And GameStop: 10 Numbers That Sum Up The Fastest Market Recovery Ever

Within just five weeks last year, the longest bull market on record erased three years worth of stock gains, crashing more than 30% from an all-time high in February to a pandemic low on March 23, the day Federal Reserve Chair Jerome Powell pledged to use the central bank's "full range of tools to support the U.S. economy in this challenging time." Exactly one year and trillions of dollars in government spending later, stocks have staged a historic rally, taking investors on a wild ride.

Some highlights: Electric-carmaker Tesla is now one of the most valuable companies in the world, the cryptocurrency market has swelled to more than $1 trillion and so-called meme stocks dominate Wall Street commentary with volatile swings that force exchanges to halt trading. It's still unclear how long the new bull market can last, but one year after one of the worst stock-market crashes in history, here's a look at its monumental recovery.

S&P 500

Up 76%



The S&P 500 has skyrocketed over the past year, hitting its latest high on Wednesday and marking what LPL Financial Chief Market Strategist Ryan Detrick calls the "best start to a bull market ever." It took just five months for the